Equity monitors describe alerts or actions triggered when an equity value is met on accounts hosted on the Tradesync platform. They can be used to protect your account when a profit is made or losses have occurred by triggering an alert, stopping copiers and closing trades. Equity monitors are used on a per account basis.
Currently only full accounts are supported.
Within the API you can view equity monitors which have been triggered and completed in the account events.
As an account manager you can protect your trading accounts by applying an equity monitor to turn off copiers and close trades once the equity has fallen 10%. Stopping future trades from being copied and causing further damage.
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